Name: European Union Inflation Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: European Union,Inflation Rate,data,chart,actual,historical,values,calendar,forecast,graph,2024,2025,2026

Inflation Rate in European Union increased to 2.40 percent in July from 2.30 percent in June of 2025. Inflation Rate in European Union averaged 2.23 percent from 1997 until 2025, reaching an all time high of 11.50 percent in October of 2022 and a record low of -0.50 percent in January of 2015. source: EUROSTAT

Inflation Rate in European Union is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Inflation Rate is projected to trend around 1.90 percent in 2026 and 2.10 percent in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Consumer Price Index CPI	133.81	133.62	points	Jul 2025
Core Consumer Prices	126.59	126.65	points	Jul 2025
Core Inflation Rate	2.50	2.50	percent	Jul 2025
CPI Housing Utilities	141.01	139.84	points	Jul 2025
CPI Transportation	130.52	128.98	points	Jul 2025
Food Inflation	3.90	3.60	percent	Jul 2025
GDP Deflator	121.37	120.55	points	Jun 2025
Inflation Rate	2.40	2.30	percent	Jul 2025
Inflation Rate MoM	0.10	0.30	percent	Jul 2025
Producer Prices	126.30	125.60	points	Jul 2025
Producer Prices Change	0.40	0.60	percent	Jul 2025

European Union Inflation Rate

In the European Union, the inflation rate is calculated using the weighted average of the Harmonised Index of Consumer Price (HICP) aggregates. The main components of the HICP are: Food and non-alcoholic beverages (17% of the total weight); Housing, water, electricity, gas and other fuels (15%); Transport (15%); Miscellaneous goods and services (10%); Restaurants and hotels (10%); and Recreation and culture (9%). Other categories include Furnishings, household equipment and routine household maintenance (7%); Health (5%); Clothing and footwear (5%). Alcoholic beverages, tobacco and narcotics, Communications and Education account for the remaining 8%. The HICP aggregates are computed as the weighted average of each country’s HICP components. The weight of a country is its share of household final monetary consumption expenditure in the total of the country’s group. The local HICPs are supplied to the Eurostat by the National Statistical Institutes.